As expected, the Federal Reserve (Fed) cut the federal funds rate band by 25 basis points from 1.75%–2.00% to 1.50%–1.75%.1 Changes in the text of the Federal Open Market Committee statement, as well as information provided in the press conference, indicate that the Fed believes it is done cutting interest rates unless economic conditions continue […]
source https://thebtrader.com/2019/10/31/third-fed-rate-cut-could-be-the-last-in-2019/?utm_source=rss&utm_medium=rss&utm_campaign=third-fed-rate-cut-could-be-the-last-in-2019
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